Ally has just added the ability to create Buckets, flexible sub-accounts that allow you to save for particular goals. Here’s how to use them.
I guess you could say that I’m a pretty big fan of Ally.
Maybe it’s that I like their marketing campaigns. Maybe I like their activations at conferences at FinCon (like when they gave out 3-D printed piggy banks).
Maybe it’s that they are so fundamentally better than my other online savings bank experience.
Maybe I just like the color purple.
Ally isn’t without its faults. The biggest fault, historically, has been the difficulty in setting up multiple savings accounts.
When I first signed up, the process was laughably complex. They eventually made it a little easier, but still, the process was pointlessly obtuse. I don’t want multiple savings accounts. I want a single savings account and I want to be able to subdivide it into buckets.
Well, seems they’ve finally listened. I don’t want to take all the credit, but I did talk to them at an event to register my grievance, so I’d like to think that I had some effect. #influencer.
Ally is now using buckets. Let’s take a look.[Read more…] about How to create buckets in an Ally savings account